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Quite simply, senior corporate executives are too often paid
to worry about things other than creating value. When managers
dont own the companies they manage, or own only a small percentage
of the outstanding shares, its hardly surprising if value
creation is not their top priority, because the value they may create
belongs to others...
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Quite simply, senior corporate executives are too often paid
to worry about things other than creating value. When managers
dont own the companies they manage, or own only a small percentage
of the outstanding shares, its hardly surprising if value
creation is not their top priority, because the value they may create
belongs to others...
Essay fragment
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